Global Stereolithography 3D Printing Market Size, Share, and Growth Insights By Type, By Segment, By Players and Regional Forecast from 2024 to 2029

1. Stereolithography 3D Printing Market Insights

The global Stereolithography 3D Printing market size will touch $2015.22 million in 2024 with a CAGR of 17.78% from 2024 to 2029.

Stereolithography produces plastic parts with high resolution, fine details, smoothness, and accuracy. SLA technology has many applications, including universal prototyping using standard resin; Dental and medical resins with biocompatibility certification; Resins that can be cast because they have no ashes after burning; and Engineering resins with specific mechanical and thermal properties. Compared with other printing technologies, SLA printing technology has the following advantages: it produces injection mold with smooth surfaces. It also produces objects with fine features and captures a lot of details in the printing model. In addition, the parts produced are hard, which makes them more durable. These factors will drive the growth of Stereolithography 3D Printing demand.

The global technological landscape is changing, and technological changes have a huge impact on the Stereolithography 3D Printing industry. The rapid development of science and technology will provide new development opportunities for the Stereolithography 3D Printing industry.

Global Stereolithography 3D Printing Market Size (M USD)

2. Stereolithography 3D Printing Market Driving Factors

The Growing Demand for Downstream Industry

Stereolithography is a 3D printing process, which uses a computer-controlled moving laser beam and is preprogrammed with CAM/CAD software. The stereolithography apparatus is conducive to the production of accurate prototypes and models. Stereolithography is very suitable for creating an accurate 3D model of the patient’s anatomical region, which is used to assist in diagnosis and pre-planning, as well as implant design and manufacture. It also applies to conceptual models and scale models. With the increasing awareness of health, the growing demand of the healthcare industry will promote the development of the Stereolithography 3D Printing industry.

3. Stereolithography 3D Printing Market Restraining Factors

The High Price

Although stereolithography can be used to produce almost any synthetic design, it is usually expensive, although the price is declining. Another disadvantage is that photopolymer is sticky and messy, which needs to be treated. Newly manufactured parts need cleaning, further curing, and drying. The impact of all these processes on the environment needs more research, but generally speaking, SLA technology has not created any biodegradable or compostable resin forms, while other 3D printing methods provide some compostable PLA options. Stereolithography 3D Printing has certain shortcomings, which will affect the demand for Stereolithography 3D Printing.

4. Stereolithography 3D Printing Market Segment

The Plastics and Photopolymers segment holds the largest market share in 2024.

Based on types, the market is segmented into Plastics and Photopolymers.

Biomaterials, Ceramics and Composite. Plastics and photopolymers can be applied in multiple fields such as consumer, automotive, aerospace & defense, healthcare, fashion & aesthetics, and the demand for 3D printing technology in these fields are driving the market growth of plastics and photopolymers. Plastic and optically polymeric materials can be transparent or opaque, flexible or rigid, and can be specially formulated to meet unique application requirements, and this diversity and customizability make them an important position in the 3D printing market. As the popularity and affordability of 3D printing technology increases, the demand for a range of materials suitable for a variety of applications has exploded, and the market size has grown with plastics and photopolymers as an integral part of 3D printing applications and technologies. The market size of the plastics and photopolymers segment is $972.74 million with a share of 48.27% in 2024. The growth of this segment is mainly due to its extensive use in multiple application areas, such as prototyping and functional testing.

The Largest Segment by Application is the Healthcare Field.

Based on applications, including Consumer, Automotive, Aerospace and Defense, Healthcare, and Fashion and Aesthetics. SLA 3D printing technology enables individually differentiated treatment design, which is critical for patients who require personalized medical equipment, such as customized prosthetics, orthotics, and dental restorations. SLA technology enables the manufacture of micro-structures, which is very useful for the manufacture of highly accurate, high-precision, and realistic models of human organs that can be used in medical education, surgical planning, and medical research. SLA 3D printing technology enables the production of complex-shaped medical device parts and customized devices, such as artificial hearts, joint replacement devices, dental equipment, and other surgical instruments. SLA 3D printing technology can be used to create complex artificial tissue organs, such as in vitro liver models, corneas, etc., which can be used as part of a patient’s treatment regimen. SLA 3D printing technology has broad application prospects in the research and development of new equipment testing, it can use the appropriate materials and processing technology for manufacturing, and accelerate the associated experimental process. The Healthcare field will realize a market revenue of $699.76 million in 2024 with a share of 34.72% in 2024. Reasons for the growth include increased demand for precision medical models and implants, as well as innovative applications of 3D printing technology in the medical field.

Market Size and Share by Segment in 2024

5. Stereolithography 3D Printing Regional Market

US: The United States is known for its innovation and entrepreneurial spirit, which has driven the development and commercialization of 3D printing technology. The United States has an advanced technical infrastructure that provides a solid foundation for the rapid development and application of 3D printing technology. Industries such as aerospace, automotive, healthcare and consumer goods in the United States have widely adopted 3D printing technology for small-batch production, rapid processing, and prototyping. The United States is the global 3D printing market leader, with 40.4% of the global market. The United States has a high supply level of 3D printing materials, rich product types, and strong performance and leading type, and has strong technical barriers in graphene 3D printing materials, leading the world. Continuous innovation in SLA technology has increased the accuracy, speed, and versatility of materials, driving market growth.

China: With the rapid development of the economy, the industry and manufacturing industries in China have developed rapidly. At present, Stereolithography 3D Printing is becoming more and more mature in technology, and the prices of products are highly competitive in the market. With the proposal of “Industry 4.0” and “Made in China 2025”, the manufacturing industry has entered a new ecological environment. Relevant policies will also promote the development of China’s Stereolithography 3D Printing industry. The promotion of policies and the transformation of China’s Stereolithography 3D Printing enterprises will promote the development of China’s Stereolithography 3D Printing industry. The market determines the improvement of products, and all Stereolithography 3D Printing will develop in the direction of specialization, simple operation, convenient maintenance, quality assurance, and a more user-friendly service experience in the future. In the Stereolithography 3D Printing market, manufacturers from the United States and Europe are the main leaders in the international market of Stereolithography 3D Printing. The quality of its Stereolithography 3D Printing has a good reputation in the market, forming brand influence. With the development of developing country Stereolithography 3D Printing production technology, their expansion in the global market will increase market competition. The market size of China is $199.41 million in 2024.

Global  Stereolithography 3D Printing Market Size by Region in 2024

6. Competition in the Industry is Fierce.

The industry concentration is moderate, with the market share of the top three players (3D Systems, Formlabs, Materialise NV) at 25.11% in 2024. This shows that the market is highly competitive, but there are also some leading players with a large market share. The Stereolithography 3D Printing industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction, and customer relationship management, trying to gain greater market share and competitive advantage.

3D Systems: 3D Systems, headquartered in Rock Hill, South Carolina, is a company that engineers, manufactures, and sells 3D printers, 3D printing materials, and 3D scanners, and offers a 3D printing service. The company creates product concept models, precision and functional prototypes, master patterns for tooling, as well as production parts for direct digital manufacturing. It uses proprietary processes to fabricate physical objects using input from computer-aided design and manufacturing software, or 3D scanning and 3D sculpting devices.

Formlabs: Formlabs is a 3D printing technology developer and manufacturer. The Somerville, Massachusetts-based company was founded in September 2011 by three MIT Media Lab students. The company develops and manufactures 3D printers and related software and consumables. It is most known for raising nearly $3 million in a Kickstarter campaign and creating the Form 1, Form 1+, Form 2, Form Cell, Form 3, Form 3L, and Fuse 1 stereolithography and selective laser sintering 3D printers.

Materialise NV: Materialise has over 25 years of experience in providing 3D printing services and software solutions for a variety of industries, including healthcare, automotive, aerospace, consumer goods, and art and design.

Major Players Market Share in 2024